Quarterly report pursuant to Section 13 or 15(d)

Business Segments - Summary of Financial Information for Reportable Segments (Details)

v3.24.3
Business Segments - Summary of Financial Information for Reportable Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Segment Reporting Information [Line Items]          
Total revenues $ 575.3 $ 574.2 $ 1,736.2 $ 2,140.9  
Adjusted EBITDA 134.8 149.3 430.3 578.9  
Depreciation, depletion and amortization 112.7 111.5 328.9 330.7  
Investment in property, plant & equipment 70.0 52.6 191.8 233.9  
Cash and cash equivalents 25.5 25.1 25.5 25.1 $ 25.3
Total current assets 680.0   680.0   638.1
Property, plant, and equipment, net 1,825.3   1,825.3   1,779.0
Total assets 3,135.8   3,135.8   3,070.7
Current portion of long-term debt 171.9   171.9   126.4
Long-term debt 1,001.3   1,001.3   942.1
Total liabilities 1,906.3   1,906.3   1,742.1
External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues 506.5 485.4 1,504.8 1,879.8  
External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 68.8 88.8 231.4 261.1  
Eliminations          
Segment Reporting Information [Line Items]          
Total revenues (97.4) (106.1) (295.3) (328.9)  
Adjusted EBITDA     (3.6)    
Depreciation, depletion and amortization     (0.3)    
Total current assets (279.4)   (279.4)   (224.2)
Property, plant, and equipment, net (1.4)   (1.4)    
Total assets (1,462.0)   (1,462.0)   (1,005.9)
Total liabilities (554.7)   (554.7)   (145.1)
Eliminations | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues (97.4) (106.1) (295.3) (328.9)  
Stimulation Services          
Segment Reporting Information [Line Items]          
Total assets         23.4
Stimulation Services | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 507.1 489.5 1,530.0 1,887.9  
Adjusted EBITDA 112.6 93.3 345.1 421.9  
Depreciation, depletion and amortization 88.0 89.2 258.5 275.2  
Investment in property, plant & equipment 61.3 40.6 164.0 190.7  
Cash and cash equivalents 6.7   6.7   1.3
Total current assets 532.5   532.5   445.8
Property, plant, and equipment, net 892.6   892.6   881.6
Total assets 2,962.2   2,962.2   2,483.9
Current portion of long-term debt 85.8   85.8   46.2
Long-term debt 691.2   691.2   611.2
Total liabilities 1,873.7   1,873.7   1,404.5
Stimulation Services | Reportable Segments | External Customers | Services          
Segment Reporting Information [Line Items]          
Total revenues 506.5 485.4 1,504.8 1,879.8  
Stimulation Services | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 0.6 4.1 25.2 8.1  
Proppant Production | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 52.8 98.4 200.0 290.4  
Adjusted EBITDA 17.3 51.6 71.4 150.7  
Depreciation, depletion and amortization 19.6 20.2 59.2 49.9  
Investment in property, plant & equipment 8.1 9.3 19.4 39.7  
Cash and cash equivalents 11.9   11.9   17.7
Total current assets 107.3   107.3   181.2
Property, plant, and equipment, net 831.7   831.7   859.8
Total assets 980.0   980.0   1,160.1
Current portion of long-term debt 77.9   77.9   71.6
Long-term debt 292.5   292.5   328.2
Total liabilities 157.1   157.1   225.7
Proppant Production | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 40.1 69.5 147.1 200.7  
Proppant Production | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 12.7 28.9 52.9 89.7  
Manufacturing | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 61.5 43.8 160.9 142.0  
Adjusted EBITDA 0.1 1.6 4.6 12.7  
Depreciation, depletion and amortization 4.4 1.4 9.3 3.3  
Investment in property, plant & equipment 0.3 2.4 7.9 2.9  
Cash and cash equivalents 1.9   1.9   0.4
Total current assets 239.8   239.8   164.7
Property, plant, and equipment, net 86.4   86.4   19.8
Total assets 461.1   461.1   243.9
Current portion of long-term debt 6.7   6.7   1.0
Long-term debt 17.6   17.6   2.6
Total liabilities 378.3   378.3   201.5
Manufacturing | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 12.2 1.5 36.4 13.2  
Manufacturing | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues 49.3 42.3 124.5 128.8  
Other | Reportable Segments          
Segment Reporting Information [Line Items]          
Total revenues 51.3 48.6 140.6 149.5  
Adjusted EBITDA 4.8 2.8 12.8 (6.4)  
Depreciation, depletion and amortization 0.7 0.7 2.2 2.3  
Investment in property, plant & equipment 0.3 0.3 0.5 0.6  
Cash and cash equivalents 5.0   5.0   5.9
Total current assets 79.8   79.8   70.6
Property, plant, and equipment, net 16.0   16.0   17.8
Total assets 194.5   194.5   188.7
Current portion of long-term debt 1.5   1.5   7.6
Long-term debt         0.1
Total liabilities 51.9   51.9   $ 55.5
Other | Reportable Segments | External Customers | Product Sales          
Segment Reporting Information [Line Items]          
Total revenues 16.5 17.8 47.9 47.2  
Other | Reportable Segments | Intercompany          
Segment Reporting Information [Line Items]          
Total revenues $ 34.8 $ 30.8 $ 92.7 $ 102.3